Better Bite Ventures, along with fellow investors SGInnovate and Silverstrand Capital, has invested US$1.5 million in Singapore-based Greenitio, a green chemistry startup focused on developing sustainable biopolymers to replace microplastics across various industries.

Information on the Target

We are pleased to announce our investment in Greenitio, a green chemistry startup dedicated to reducing emissions and addressing the challenges posed by microplastics in sectors such as personal care, food, and agriculture. Greenitio has developed a pioneering technology that transforms natural and sustainable feedstocks into high-performance biopolymers, offering a more cost-effective and environmentally friendly alternative to traditional petrochemical processes.

Headquartered in Singapore, Greenitio is focused on initial applications that utilize fungi-derived chitosan-based molecules for personal care products. Their flagship biopolymer lines—Chitosola™, Chitobe™, and Chitobela™—have successfully transitioned from trials to commercial deployments in various global markets, with additional materials progressing from research and development to pilot production to meet increasing demand.

Industry Overview in Singapore

Singapore has emerged as a significant hub for the green chemistry industry, leveraging its robust infrastructure and strong support from the government for sustainable innovations. The country’s strategic position in Southeast Asia, coupled with its a

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Better Bite Ventures

invested in

Greenitio

in 2023

in a Seed Stage deal

Disclosed details

Transaction Size: $2M

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